Antero Resources Co. (NYSE:AR) Shares Sold by MADDEN SECURITIES Corp

MADDEN SECURITIES Corp trimmed its holdings in shares of Antero Resources Co. (NYSE:AR - Free Report) by 29.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 104,600 shares of the oil and natural gas company's stock after selling 42,745 shares during the quarter. Antero Resources accounts for approximately 1.5% of MADDEN SECURITIES Corp's investment portfolio, making the stock its 19th largest holding. MADDEN SECURITIES Corp's holdings in Antero Resources were worth $3,666,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Caprock Group LLC raised its holdings in shares of Antero Resources by 0.6% in the fourth quarter. Caprock Group LLC now owns 58,401 shares of the oil and natural gas company's stock valued at $2,047,000 after acquiring an additional 374 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of Antero Resources by 15.8% in the fourth quarter. GAMMA Investing LLC now owns 3,064 shares of the oil and natural gas company's stock valued at $107,000 after acquiring an additional 418 shares in the last quarter. Icon Wealth Advisors LLC raised its holdings in shares of Antero Resources by 5.8% in the third quarter. Icon Wealth Advisors LLC now owns 8,459 shares of the oil and natural gas company's stock valued at $242,000 after acquiring an additional 460 shares in the last quarter. Blue Trust Inc. raised its holdings in shares of Antero Resources by 10.9% in the fourth quarter. Blue Trust Inc. now owns 5,316 shares of the oil and natural gas company's stock valued at $186,000 after acquiring an additional 521 shares in the last quarter. Finally, UMB Bank n.a. raised its holdings in shares of Antero Resources by 59.6% in the fourth quarter. UMB Bank n.a. now owns 1,401 shares of the oil and natural gas company's stock valued at $49,000 after acquiring an additional 523 shares in the last quarter. 83.04% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

AR has been the subject of several recent research reports. UBS Group lifted their price objective on Antero Resources from $39.00 to $44.00 and gave the company a "neutral" rating in a report on Thursday. Raymond James lifted their target price on Antero Resources from $44.00 to $60.00 and gave the company a "strong-buy" rating in a research note on Thursday, January 23rd. Wells Fargo & Company upgraded Antero Resources from an "underweight" rating to an "equal weight" rating and lifted their target price for the company from $24.00 to $32.00 in a research note on Tuesday, December 17th. Bank of America started coverage on Antero Resources in a research note on Monday, October 28th. They issued a "buy" rating and a $36.00 target price on the stock. Finally, StockNews.com upgraded Antero Resources to a "sell" rating in a research note on Thursday. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $39.44.

Antero Resources Stock Down 0.8 %

Shares of AR stock traded down $0.31 during trading hours on Friday, reaching $39.84. 3,880,629 shares of the company's stock were exchanged, compared to its average volume of 4,872,701. The stock's fifty day moving average price is $36.43 and its two-hundred day moving average price is $31.18. The stock has a market cap of $12.40 billion, a PE ratio of 284.57 and a beta of 3.33. Antero Resources Co. has a 1 year low of $22.01 and a 1 year high of $41.53. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.23.

Antero Resources (NYSE:AR - Get Free Report) last issued its earnings results on Wednesday, February 12th. The oil and natural gas company reported $0.54 EPS for the quarter, beating analysts' consensus estimates of $0.40 by $0.14. Antero Resources had a negative return on equity of 0.59% and a net margin of 1.03%. Research analysts predict that Antero Resources Co. will post -0.11 EPS for the current year.

Antero Resources Profile

Antero Resources Corporation, an independent oil and natural gas company, engages in the development, production, exploration, and acquisition of natural gas, natural gas liquids (NGLs), and oil properties in the United States. It operates in three segments: Exploration and Development; Marketing; and Equity Method Investment in Antero Midstream.